Market Action Report
Brevard County
County: Brevard
Agent Name
Market Action Report
County: Brevard
April 2017
Title
Phone
Agent
Name
Website
Title Other
April 2017
Community Information | School District
Price Range: All | Properties: SFH - Con
Phone
Month
Website
Market Profile & Trends Overview
Median List Price of all Current Listings
Price Range: All | Properties: SFH - Con
LM
Trending versus*:
L3M PYM
LY
$299,000
5%
24%
Other
$403,743 Trending
3% versus*:
24%
Month
LM
L3M
PYM
LY
$197,000 4% 4% 13%
$299,000
5%
24%
$238,811 2% 2% 12%
$403,743 2,701
3% -2% 24% -14%
$197,000 990
4% -13%
4% 13% -11%
9%
$238,811 2%
2%
12%
8%
51 0% -7% -12%
2,701 -2%
-14%
$148 0% 1% 12%
990 -13%
-11%
$133 3% 3% 12%
51 0% -7% -12% -6%
2.7 13% -5% -3%
$148 0% 1% 12% 9%
95.5% .7% .7% .7%
Average List Price of all Current Listings
Market
Profile
& Trends
April Median
Sales
Price Overview
Median
List
Price
of
all
Current Listings
April Average Sales Price
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
April
Sales
Price
April Median
Number
of Properties
Sold
April Average Sales Price
April Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
April Number of Properties Sold
April Sold Price per Square Foot
April Average Days on Market (Solds)
April Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
April Sale Price vs List Price Ratio
April Sold Price per Square Foot
April Sale Price vs List Price Ratio
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
Property
Sales
Trending versus*:
YTD
Prior YTD 15%
Prior Year
$190,000
9%
8%
$234,890
$190,000 3,709
15%
$234,890
13%
-6%
55
9%
$147
3,709
-3%
10%
$129
55
-5%
-11%
3.1
$147
11%
.8%
94.9%
13% 6%
6%
-3% 6%
-5% 6%
11%
13%
2%
-12%
8%
0% 2%
8%
8%
2%
0%
$133 3% 3% 12% 10%
$129
13%
8%
2.7 13% -5% -3% -11%
3.1 -12%
2%
of 94.9%
Properties
95.5% .7% .7% .7% Number
.8%
0% Sold 0%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
April Month's Supply of Inventory
Trending versus*:
Prior YTD Prior Year
YTD
1,400
April Property sales were 990, down 11.1% from 1,114 in April of
2016 and 13.2% lower than the 1,141 sales last month. April
1,200
Property
2017 sales Sales
were at their lowest level compared to April of 2016 1,400
April
sales
were
990, of down
11.1%
from 1,114
in April
of last 1,000
and Property
2015. April
YTD
sales
3,709
are running
2.9%
behind
2016
and
13.2% lower sales
than of
the 3,819.
1,141 sales last month. April
1,200
year's
year-to-date
800
2017 sales were at their lowest level compared to April of 2016
3 Mo Avg
Number of Properties Sold
3 Mo Avg
and 2015. April YTD sales of 3,709 are running 2.9% behind last 1,000
600
year's year-to-date sales of 3,819.
800
Prices
1,078
1,013
1,203
14
15
16
729
M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A
14
15
16
17
M J J A S O N D J Median
F M A M Sales
J J A Price
S O N and
D J F Average
M A M J Sales
J A S Price
O N D J F M A
3 Mo Avg
The Median Sales Price in April was $197,000, up 13.1% from
Prices
$174,250 in April of 2016 and up 4.2% from $189,000 last
240
The
Median
Sales
Price Sales
in April
was in
$197,000,
13.1% from
month.
The
Average
Price
April was up $238,811,
up 11.8%
$174,250
in April in
of April
2016 of
and
up 4.2%
from
$189,000
last
from $213,541
2016
and up
2.2%
from $233,751
last 240 220
month.
Average
Price at in the
April
was $238,811,
up 11.8%
month. The
April
2017 Sales
ASP was
highest
level compared
to
220 200
from
April
of 2016 and up 2.2% from $233,751 last
April $213,541
of 2016 in
and
2015.
month. April 2017 ASP was at the highest level compared to
200 180
April of 2016 and 2015.
0
0
200
200
400
400
600
17
Median Sales Price and Average Sales Price
3 Mo Avg
180 160
160 140
140 120
120 100
M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A
100
15 A M J J A S O N D J F M 16
M J 14 J A S O N D J F M
A M J J A S O N D J F M A 17
14
15
16
17
Inventory & MSI
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
6.0
6.0
2015.
0
5.0
4.0
The Total Inventory
Inventory
& MSI of Properties available for sale as of April
4,500
was Total
2,701,
down 1.5%
from 2,743
last month
and
13.7%
The
Inventory
of Properties
available
for sale
as down
of April
from
3,130
in April
last 2,743
year. last
April
2017
Inventory
was at its 4,500 4,000
was
2,701,
down
1.5% of
from
month
and
down 13.7%
4,000 3,500
from
3,130
in compared
April of last with
year. April
April of 2017
was at its
lowest
level
2016 Inventory
and 2015.
3,500 3,000
lowest level compared with April of 2016 and 2015.
3,000 2,500
2,500 2,000
A comparatively lower MSI is more beneficial for sellers while 2,000
a 1,500
A higher
comparatively
lower MSI
is more The
beneficial
sellers
MSI is better
for buyers.
April for
2017
MSI while
of 2.7 a 1,500 1,000
1,000 500
higher
MSI
is better
for buyers.
April 2017
of 2.7
months
was
at its lowest
level The
compared
with MSI
April
of 2016 and
500
months
0
201